The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing

URL:  http://boards.fool.com/one-thing-you-might-want-to-think-about-will-you-29052883.aspx

Subject:  Re: Roth Question Date:  1/24/2011  1:51 PM
Author:  2gifts Number:  68314 of 78166

One thing you might want to think about, will you make enough to be in-eligible next year and years there after. If you're only able to make one or two years contributions, it might not be worth the hassle.

Although that might be true, you can't know until after the fact if you are not able to contribute except for a few years.

I fall into this bucket. In order for DH and I to qualify for a Roth IRA, I have to be unemployed. That's happened 3 times so far with last year being the most recent. I have taken advantage of this each time and have maxed our our Roth IRA contributions. That's 3 times more than I thought we would qualify for, but as I have no way to know ahead of time how m